Jin Rong Jie·2026-01-26 00:23Group 1 - Luoyang Molybdenum Co., Ltd. completed the acquisition of three gold mining assets in Brazil from Equinox Gold, including Aurizona, RDM, and Bahia, in just 40 days [1] - The acquired gold assets contain a total gold resource of 5.013 million ounces with an average grade of 1.88 grams per ton, and gold reserves of 3.873 million ounces with an average grade of 1.45 grams per ton [1] - The company expects the acquired assets to contribute 6 to 8 tons of gold production by 2026, enhancing its "copper + gold" strategy [1] Group 2 - Luoyang Molybdenum's chairman highlighted the company's operational experience in Brazil and its advantages in management and technology, which facilitated the efficient execution of the acquisition [1] - The company issued $1.2 billion in H-share convertible bonds to secure funding for future acquisitions and strengthen its resource acquisition capabilities [1] - The company is also focused on integrating management and further enhancing project capacity to realize value [1] Group 3 - The copper sector reports from various securities firms suggest that Luoyang Molybdenum is a noteworthy investment target due to its rich copper resource reserves [2] - The company is involved in the exploration, mining, smelting, processing, and trading of various minerals, including copper, cobalt, molybdenum, tungsten, niobium, phosphorus, and gold [3] - Other companies in the gold sector include Zijin Mining Group, which plans to produce 105 tons of gold in 2026, and Shandong Gold Mining, focusing on gold exploration and production [3][4]